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Eamonn Farrell/Photocall Ireland

Ulster Bank to repay thousands after credit card error

Customers will receive a small sum each after the bank failed to honour its own introductory offers.

ULSTER BANK HAS to repay €175,ooo in refunds to its customers after over-charging on interest on credit card accounts.

Today’s Irish Daily Mail says that the bank admitted overcharging interest on credit card accounts by failing to honour its own introductory offers.

Customers are due to receive around €7 each and those due the money will get a letter informing them.

Ulster Bank has not been penalised by the Central Bank over this mistake.

The Consumers’ Association told the Daily Mail this was the latest in “a string of overcharging errors from the country’s banks”.

Just last January, AIB admitted it had double-counted Visa purchases on its card-processing machines on 23 December 2010.

In May of this year, AIB issued a statement saying it will refund €8.3m to customers who unsuccessfully attempted to withdraw cash from its ATMs.

Read more on page 17 of today’s Irish Daily Mail>

Read more: Thousands in line for refunds after banks’ interest rate errors>

Read more: AIB announces €8.3m refund over cash machine error>

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    Mute The Guru
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    Aug 28th 2019, 1:22 PM

    For a country that is supposedly booming it sure has a lot of crumbling infrastructure.

    149
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    Mute David Corrigan
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    Aug 28th 2019, 1:30 PM

    @The Guru: The management of our water systems has deteriorated altogether since the billing company i.e. Irish Water took over.

    109
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    Mute Dave Doyle
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    Aug 28th 2019, 1:41 PM

    @David Corrigan: Letting the water infrastructure deteriorate was going on long before IW came into being. It was deliberate, it was planned. They knew they would need justification for IW and the scams whatever government would be in power.

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    Mute John McG
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    Aug 28th 2019, 1:43 PM

    @David Corrigan: The water system started to deteriorate straight after Fianna Fail bought the 1977 election by doing away with rates! They said that 2% of motor tax would be used but they did not increase motor tax so there was no money! FF still don’t care about infrastructure they just want power.

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    Mute David Corrigan
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    Aug 28th 2019, 1:44 PM

    @Dave Doyle: Its a disaster of epic proportions.

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    Mute jamesdecay
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    Aug 28th 2019, 1:53 PM

    @David Corrigan: not really true, much as I dislike the whole operation and how it was conceived. It’s just that decades of neglect and under-funding are now coming to light

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    Mute A2 Poster
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    Aug 28th 2019, 1:54 PM

    @David Corrigan: I’m no fan of Irish Water but that is not true. It was crumbling long before they even became a thing. The formation of it, and the subsequent tax issue is what drew it into the public eye.
    Irish Water has also consolidated a lot of contracts which were handled at a county board level previously into national ones, saving money for the country. Their leakage program is also promising.
    The whole thing was a debacle, don’t get me wrong, but nothing is ever black and white, all good or all bad.

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    Mute Kieran O'Donovan
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    Aug 28th 2019, 7:27 PM

    @The Guru: money is paying off debt rather than being invested in infrastructure.

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    Mute Artugal
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    Aug 28th 2019, 1:42 PM

    No surprise that only 18% of our waterways are considered clean. Would love to see the criteria for IW bonuses.

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    Mute The Risen
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    Aug 28th 2019, 1:52 PM

    If you voted FG, you voted for infrastructure funding to be spent on unneeded water meters and a billing company. Remember that.

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    Mute Patrick O Connell
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    Aug 28th 2019, 2:43 PM

    @The Risen: sur didnt the shinners and ffers agree to water charges originally and then flipped to the other side to secure votes

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    Mute ken gray
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    Aug 28th 2019, 1:55 PM

    I walk the coast road in Clontarf each evening the smell is terrible it makes the locals stick there heads even further in the air !

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    Mute Walter Obrien
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    Aug 28th 2019, 1:38 PM

    Build that wall!

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    Mute Arya
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    Aug 28th 2019, 1:37 PM

    The poor sea creatures having to deal with human sh#t…pun intended.

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    Mute Eric Davies
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    Aug 28th 2019, 9:34 PM

    the set up of irish water stinks to high heaven !

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